Virginia Public Procurement Act; statute of limitations on actions on construction contracts. (SB195)

Introduced By

Sen. John Cosgrove (R-Chesapeake)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Virginia Public Procurement Act; statute of limitations on actions on construction contracts; statute of limitations on actions on performance bonds. Provides that no action may be brought by a public body on any construction contract, including construction management and design-build contracts, unless such action is brought within five years after completion of the work on the project, and provides that no action may be brought by a public body on a warranty or guaranty in such construction contract more than one year from the breach of that warranty, but in no event more than one year after the expiration of such warranty or guaranty. The bill also limits the time frame during which a public body, other than the Department of Transportation, may bring an action against a surety on a performance bond to within one year after completion of the work on the project. Current law allows a public body, other than the Department of Transportation, to bring such an action within one year after (i) completion of the contract, including the expiration of all warranties and guaranties, or (ii) discovery of the defect or breach of warranty that gave rise to the action. The bill contains technical amendments. This bill was incorporated into SB 607. Read the Bill »

Status

02/05/2020: Incorporated into Another Bill

History

DateAction
12/29/2019Prefiled and ordered printed; offered 01/08/20 20102791D
12/29/2019Referred to Committee on General Laws and Technology
01/14/2020Impact statement from DPB (SB195)
01/15/2020Rereferred from General Laws and Technology (14-Y 0-N) (see vote tally)
01/15/2020Rereferred to Judiciary
02/05/2020Incorporated by Judiciary (SB607-Norment) (13-Y 0-N) (see vote tally)

Duplicate Bills

The following bills are identical to this one: HB847 and SB607.

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